Car title loans are somewhere between going to a pawnshop and going to the bank for a loan. Like a bank, there is still some paperwork to complete but it is much less. You still have to prove you have some sort of income or other means of paying the loan back (believe it or not, title loan lenders do not want to take your vehicle) but unlike applying at a bank your credit has much less to do with getting a loan approval.
Also, unlike going to a pawn shop you will keep your car to use while you are paying the loan back. The title loan lender will simply take the title to your car, truck, van or SUV and places a lien against it with the state. Once you have paid off the loan the lien is removed and your title is automatically mailed back to you.
The simplest method is for you to fill out the online form on our site. You'll offer some basic info such as your name and contact information plus details about your vehicle. Once your application is received your appointed representative will call you to discuss your loan alternatives.
We will work with you to figure out the best program based on your personal needs. This will include the loan interest rate, the duration and term (the number of months you have to pay back the loan) of the loan that works best for you. If you are interested and want to continue your assigned representative will stay in contact with you until you have either told us that you no longer want/need the loan or that you have gotten your cash and are happy with the outcome.
One of the important things the agent will help you with is getting your documentation together. This will be things like a copy of your driver's license, a utility bill, proof of insurance and images of the vehicle. You can normally email or send out copies by text to make the process go quicker.
Once your application has actually been completely processed you will need to sign your loan documents. They will also confirm the condition of your car or truck and odometer readings. At this time the loan provider will be positioned as a lien holder on the title until the car title loan is paid off.